219 N Avenue J, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $206,028. Based on how the local market is moving, a list price between $171,000 and $181,000 would position this home well. This home's position in the current ELLIS market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 25 years older than typical comps, the 1963 build date influences the valuation. There are currently 7 similar homes on the market in ELLIS, ranging from $179,000 to $239,000. The 6 month price trend in 78621: fallen 7.2%. The best comp here is 413 E 7th ST, Elgin TX 78621 at an adjusted value of $220,471, a strong comparable. The comp data here (7 sales in ELLIS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus